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Thoughts on innovation

"The world is past the information economy and is now into innovation economy. Evidently, the rate of innovation around the world is accelerating. For businesses to succeed, not only do they need to be nimble, but they also need to invest disproportionately on innovation. This becomes even more pertinent for technology businesses or businesses that rely on technology. If they don’t innovate, they will perish. Many a time people ask me how to do it, how to even begin that continuous journey of innovation. To them, my very simple advice is: Experiment a lot, don't fear failures and bring people from multiple disciplines and diversity of thought together if you want to foster an environment of innovation. In the 21st century, innovation is not one of the options, but the only option to survive and succeed."